{"id":386216,"date":"2020-11-20T16:23:17","date_gmt":"2020-11-20T21:23:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=386216"},"modified":"2020-11-20T16:23:17","modified_gmt":"2020-11-20T21:23:17","slug":"mccormick-announces-increase-in-quarterly-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mccormick-announces-increase-in-quarterly-dividend\/","title":{"rendered":"McCormick Announces Increase in Quarterly Dividend"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

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\n HUNT VALLEY, Md.<\/span>, Nov. 20, 2020<\/span> \/PRNewswire\/ —\u00a0The Board of Directors of McCormick & Company, Incorporated (NYSE: MKC) today declared an increase in the quarterly dividend from $0.62<\/span> to $0.68<\/span> per share on its common stocks, which will be paid on a split-adjusted basis of $0.34<\/span> per share to reflect the 2-for-1 stock split that is effective December 1<\/span>, 2020.\u00a0 The dividend is payable January 11, 2021<\/span> to shareholders of record December 31<\/span>, 2020.\u00a0 This marks the 35th<\/sup> consecutive year that the Company has increased its quarterly dividend.\u00a0 At $0.68<\/span>, the quarterly dividend is double the amount paid in 2013.<\/p>\n

\n Lawrence E. Kurzius<\/span>, Chairman, President & CEO, said “Our overarching focus on long-term sustainable growth is relentless. \u00a0We are confident our strategies will continue to drive McCormick forward and further build shareholder value. We remain committed to our long history of returning cash to shareholders and I am pleased to announce another dividend increase.”\u00a0\u00a0McCormick has paid dividends each year since 1925.\u00a0\u00a0 <\/p>\n

\n About McCormick<\/b>\n <\/p>\n

McCormick & Company, Incorporated\u00a0is a global leader in flavor.\u00a0 With over\u00a0$5 billion\u00a0in annual sales across 150 countries and territories, we manufacture, market and distribute spices, seasoning mixes, condiments and other flavorful products to the entire food industry including ecommerce channels, grocery, food manufacturers and foodservice businesses.\u00a0 Our most popular brands with trademark registrations include McCormick, French’s, Frank’s RedHot, Stubb’s, OLD BAY, Lawry’s, Zatarain’s, Ducros, Vahin\u00e9, Schwartz, Kamis, Kohinoor, DaQiao, Club House, Aeroplane and Gourmet Garden.\u00a0 Every day, no matter where or what you eat or drink, you can enjoy food flavored by McCormick.<\/p>\n

Founded in 1889 and headquartered in\u00a0Hunt Valley, Maryland\u00a0USA, McCormick is guided by our principles and committed to our Purpose \u2013 To Stand Together for the Future of Flavor.\u00a0 McCormick envisions A World United by Flavor where healthy, sustainable and delicious go hand in hand.\u00a0 To learn more, visit\u00a0www.mccormickcorporation.com<\/a>\u00a0or follow\u00a0McCormick & Company\u00a0on Twitter, Instagram and LinkedIn.<\/p>\n

\n For information contact:<\/b>\n <\/p>\n

Corporate Communications:\u00a0
Lori Robinson<\/span> (410) 527-6004 or lori_robinson@mccormick.com<\/a><\/p>\n

Investor Relations:
Kasey Jenkins<\/span> (410)\u00a0771-7140 or kasey_jenkins@mccormick.com<\/a><\/p>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/mccormick-announces-increase-in-quarterly-dividend-301178309.html<\/a><\/p>\n

SOURCE McCormick & Company, Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire HUNT VALLEY, Md., Nov. 20, 2020 \/PRNewswire\/ —\u00a0The Board of Directors of McCormick & Company, Incorporated (NYSE: MKC) today declared an increase in the quarterly dividend from $0.62 to $0.68 per share on its common stocks, which will be paid on a split-adjusted basis of $0.34 per share to reflect the 2-for-1 stock split that is effective December 1, 2020.\u00a0 The dividend is payable January 11, 2021 to shareholders of record December 31, 2020.\u00a0 This marks the 35th consecutive year that the Company has increased its quarterly dividend.\u00a0 At $0.68, the quarterly dividend is double the amount paid in 2013. Lawrence E. Kurzius, Chairman, President & CEO, said “Our overarching focus on long-term sustainable growth is relentless. \u00a0We … <\/p>\n

Continue reading “McCormick Announces Increase in Quarterly Dividend”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-386216","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMcCormick Announces Increase in Quarterly Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mccormick-announces-increase-in-quarterly-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"McCormick Announces Increase in Quarterly Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire HUNT VALLEY, Md., Nov. 20, 2020 \/PRNewswire\/ —\u00a0The Board of Directors of McCormick & Company, Incorporated (NYSE: MKC) today declared an increase in the quarterly dividend from $0.62 to $0.68 per share on its common stocks, which will be paid on a split-adjusted basis of $0.34 per share to reflect the 2-for-1 stock split that is effective December 1, 2020.\u00a0 The dividend is payable January 11, 2021 to shareholders of record December 31, 2020.\u00a0 This marks the 35th consecutive year that the Company has increased its quarterly dividend.\u00a0 At $0.68, the quarterly dividend is double the amount paid in 2013. 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